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Old 03-10-2005, 10:48   #168
bob_builder
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Join Date: Jun 2003
Location: South-East-Cambridge
Services: ntl digital basepack ntl 1M broadband
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Re: ntl & Telewest Merger Announcement

Also here:
http://ntltelewest.mergerannouncement.com/

Interesting points from:
http://ntltelewest.mergerannouncemen...faq/index.html

So is Telewest now part of ntl?
No. Telewest will not be part of ntl until the transaction closes.

When is the transaction expected to close?
It is expected to close in the first quarter of 2006.

Are there opportunities to grow the companyââ‚à ‚¬Ã¢â€žÂ¢s business?
Yes. The combination of the two companiesââ‚ ¬â„¢ local access networks, which do not overlap, will provide a strong platform allowing for product differentiation and innovation and the delivery of unique packages of service offerings. The combined company will have the benefit of a much larger cable network and, together with Telewestââ‚à ƒ‚¬Ã¢â€žÂ¢s content division, will strengthen cableââ‚ÆšÂ¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚¢s position in the multi-channel TV marketplace.

Will customers benefit?
Consumers will benefit from greater choice, accelerated delivery of a broader range of personalised communications and entertainment services and even better value. T he company will have additional resources to roll out new product offerings †“ such as HDTV, VoD and VoIP †“ across its footprint.

Will there be headcount reductions?
Yes.

How many?
We will not be providing a specific estimate at this time, but as with any acquisition, we do expect headcount reductions where there are overlapping functions and opportunities to streamline the organization.
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